REGISTERED NUMBER: 07098212 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2012

for

A&C Finance Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs C Fordham

REGISTERED OFFICE:

1 Mowbray Avenue

Tewkesbury

Gloucestershire

GL20 5FA

REGISTERED NUMBER:

07098212 (England and Wales)

ACCOUNTANTS:

Kingsly Accounting LLP

Kingsley House Church Lane

Shurdington

Cheltenham

Gloucestershire

GL51 4TQ

FIXED ASSETS

Tangible assets

2

714

844

CURRENT ASSETS

Debtors

11,332

33,336

Cash at bank and in hand

435

183

11,767

33,519

CREDITORS

Amounts falling due within one year

12,270

30,890

NET CURRENT (LIABILITIES)/ASSETS

(503

)

2,629

TOTAL ASSETS LESS CURRENT LIABILITIES

211

3,473

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

11

3,273

SHAREHOLDERS' FUNDS

211

3,473

211

3,473

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2012.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2012 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 24 September 2013 and were signed by:

Mrs C Fordham - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

15% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2012

and 31 December 2012

963

DEPRECIATION

At 1 January 2012

119

Charge for year

130

At 31 December 2012

249

NET BOOK VALUE

At 31 December 2012

714

At 31 December 2011

844

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.12

31.12.11

value:

£

£

100

Ordinary A Shares

1

100

100

100

Ordinary B Shares

1

100

100

200

200

4.	TRANSACTIONS WITH DIRECTOR

Included in other creditors is a loan of £1,860 owed to Mrs C Fordham, the director of the company. This loan

does not attract interest and has no repayment terms.

5.	RELATED PARTY DISCLOSURES

Dividends were paid to Mr & Mrs A Fordham, shareholders of the company, of £16,000 (2011: £20,000).